Overview
What is Ti-Hwa Foundation?
Ti-Hwa Foundation is a not-for-profit corporation, headquartered in Washington, D.C., with a mission to provide affordable housing to individuals in need. The organization receives financial assistance from the U.S. Department of Housing and Urban Development (HUD) under Section 8 of the National Housing Act, enabling it to offer affordable housing solutions. The Ti-Hwa Foundation plays a crucial role in addressing housing affordability challenges in the community.
Is Ti-Hwa Foundation legitimate?
Ti-Hwa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ti-Hwa Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ti-Hwa Foundation?
The Ti-Hwa Foundation is a non-profit organization dedicated to providing affordable housing solutions for individuals in need. They achieve this by receiving housing assistance payments from the U.S. Department of Housing and Urban Development (HUD), under Section 8 of the National Housing Act. The mission of the Ti-Hwa Foundation is to make housing more accessible for those who struggle financially, aiming to contribute positively to their living situations. Through these efforts, the foundation strives to create a more equitable housing landscape.
Who is the CEO of Ti-Hwa Foundation?
Yeni Wong is the President of Ti-Hwa Foundation.
What is the revenue of Ti-Hwa Foundation?
Ti-Hwa Foundation's revenue in 2022 was $281,653.
Who are the executives of Ti-Hwa Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Ti-Hwa Foundation?
Ti-Hwa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ti-Hwa Foundation
Ti-Hwa Foundation, a not-for-profit corporation, is committed to providing affordable housing solutions for individuals in need. This organization receives housing assistance payments from the U.S. Department of Housing and Urban Development (HUD) under Section 8 of the National Housing Act, which has been amended. The mission of Ti-Hwa Foundation is to ensure that individuals who require affordable housing can access it, thereby making a substantial impact on their lives. By receiving HUD assistance, Ti-Hwa Foundation is able to offer affordable housing options to those who might otherwise struggle to secure safe and affordable living spaces. The organization's mission is a testament to its dedication to uplifting communities and improving the living conditions of its residents.
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Impact
October, 2024
Ti-Hwa Foundation plays a vital role in addressing the urgent need for affordable housing. By focusing on individuals and families who are most in need, the foundation provides essential support through housing assistance payments facilitated by the U.S. Department of Housing and Urban Development (HUD) under Section 8 of the National Housing Act.
The foundation’s efforts not only alleviate financial burdens for low-income households but also contribute to community stability, helping residents secure safe and decent living conditions. By prioritizing affordable housing solutions in Washington, DC, Ti-Hwa Foundation fosters equitable access to housing resources, empowering underserved populations and promoting overall community well-being.
This information is meant to be a general summary of Ti-Hwa Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,071
- Program Service Revenue: $277,582
- Gross Receipts: $354,905
Assets and Liabilities:
- Total Assets: $1,895,428
- Total Liabilities: $1,006,735
- Net Assets: $888,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ancillary income
Revenue
$12,419
rental income
Revenue
$116,994
section 8 subsidy
Revenue
$148,169
Organization Details
Founding Year
2017
Phone
(202) 438-4772Principal Officer
Yeni Wong
Main Address
801 Pennsylvania Ave NW 1024, Washington, DC, 20004
NTEE Category
Code: L22 - Housing
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